In this episode, Sebastien Borget, co-founder of The Sandbox, discusses the concept of the metaverse, its importance, and how it is evolving. He explains the role of blockchain technology in creating a decentralized virtual world where users can own digital land and monetize their creations. In this conversation, we delve into the evolution of digital payments, the impact of scams on cryptocurrency adoption, and the importance of building trust in the Web3 space. We also dive into the changing landscape of entrepreneurship, especially with the rise of AI, and Seb gives his top tips for aspiring entrepreneurs.Chapters00:00 Introduction to the Metaverse02:51 Understanding The Sandbox06:09 The Value of Digital Land09:00 Governance and Community in the Metaverse12:08 The Role of Decentralization15:07 The Evolution of The Sandbox18:07 Content Creation in the Metaverse21:05 Web 1, Web 2, and Web 3 Explained23:48 Trust Issues in Web 3 and Crypto34:33 Trust in Digital Payments37:01 The Impact of Scams on Crypto Adoption39:24 Building Trust in Web341:10 The Journey of The Sandbox44:54 Resilience in Entrepreneurship49:18 The Importance of Personal Branding53:59 The Evolution of Entrepreneurship57:11 Advice for Aspiring EntrepreneursFollow Abnormal on Instagram:https://www.instagram.com/abnormalpod/
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